Already retired and now looking to your investments and pensions to generate income and maintain your desired standard of living?  Financial planning at this stage of life becomes increasingly important, as you begin  spending your life savings.

For many, by the time they reach retirement their pension fund will be their second largest asset (after the family home), but it is also frequently the least well understood.  Changes to pensions legislation in recent years now mean that pensioners are faced with a bewildering array of options when taking benefits.  Should you secure a guaranteed source of regular income with a lifetime annuity, opt for maximum flexibility with a Flexi-Access Drawdown, or consider one of a growing range of "Third Way" options?

Investments now also require a different strategy - one designed to generate regular income rather than long term growth - and investment losses can no longer be tolerated to the same degree.  Designing a "decumulation" strategy requires careful thought and planning to ensure you don't risk running out of money in retirement - especially if you wish to leave something behind for a surviving spouse, dependent or the next generation.

Our Private Client Service coveres the full range of "at retirement" options, we're able to give an unbiased view on which might be the most suitable for you.